Title 27, INSURANCE

Sec. 4. (a) The converting mutual shall provide at least thirty (30) days prior written notice of the hearing to its members and other policyholders as of the date its board of directors adopted the resolution proposing the plan of conversion. (b) The notice must include the foll…

Sec. 5. (a) The converting mutual shall cause notice of the public hearing to be published in a newspaper of general circulation in the city where the principal office of the converting mutual is located, in Indianapolis, and in any other city specified by the commissioner at the…

Sec. 6. The hearing shall be conducted by the commissioner or by the commissioner's designee, consistent with the procedures described in IC 4-22-2-26. As added by P.L.94-1999, SEC.3.

Sec. 7. (a) The commissioner shall fully consider any comments received at a required hearing consistent with IC 4-22-2-27 before issuing an order approving or disapproving the application, plan of conversion, and amendment to the articles of incorporation. (b) The commissioner's…

Sec. 8. The commissioner shall approve the application and permit the conversion under the plan of conversion and the amendment to the articles of incorporation if the commissioner finds, following the public hearing, if required: (1) that the amount and form of consideration is …

Sec. 9. The commissioner may waive the requirement of section 8(3) of this chapter upon a showing of good cause. As added by P.L.94-1999, SEC.3.

Sec. 1. (a) A person shall not: (1) provide professional employer services; (2) advertise that the person: (A) is a professional employer organization; or (B) provides professional employer services; or (3) otherwise hold the person out as a professional employer organization; in…

Sec. 10. All records, reports, and other information obtained from a PEO under this chapter, except to the extent necessary for the proper administration of this chapter by the department, are confidential. As added by P.L.245-2005, SEC.7.

Sec. 2. (a) This section does not apply to an applicant for limited registration under section 6 of this chapter. (b) An applicant for registration under this article shall file with the department the following information: (1) The name or names under which the applicant conduct…

Sec. 3. (a) A PEO that is operating in Indiana on January 1, 2006, shall complete the PEO's initial registration not later than July 1, 2006. (b) An initial registration under subsection (a) is valid until the end of the PEO's first fiscal year end that occurs after December 31, …

Sec. 4. A PEO shall, not more than one hundred eighty (180) days after the end of the PEO's fiscal year, renew the PEO's registration by filing a statement notifying the department of any changes in the information provided in the PEO's most recent registration or renewal. As add…

Sec. 5. A PEO group may satisfy the reporting and financial requirements of this chapter on a combined or consolidated basis if each member of the PEO group guarantees the obligations under this article of each other member of the PEO group. As added by P.L.245-2005, SEC.7.

Sec. 6. (a) A PEO that is not domiciled in Indiana is eligible for a limited registration under this article if the PEO: (1) submits a properly executed request for limited registration on a form prescribed by the department; (2) is licensed or registered as a professional employ…

Sec. 7. The department shall adopt rules under IC 4-22-2 to provide for registration of a PEO without compliance with this chapter and IC 27-16-6 by the commissioner's acceptance of an affidavit or a certification: (1) provided by a bonded, independent, and qualified assurance or…

Sec. 8. The department shall: (1) maintain; and (2) publish on the department's Internet site; a list of PEOs that are registered under this article. As added by P.L.245-2005, SEC.7. Amended by P.L.11-2011, SEC.43.

Sec. 9. The department may prescribe forms necessary to promote the efficient administration of this chapter. As added by P.L.245-2005, SEC.7.

Sec. 1. A discount medical card program organization may not do the following: (1) Use the following in the discount medical card program organization's advertisements, marketing materials, brochures, or discount cards: (A) The term "insurance", except as: (i) a disclaimer of a r…

Sec. 1. (a) This chapter applies to a person that acts as a navigator or an application organization for a health benefit exchange in Indiana. This chapter must be applied in conformity with PPACA. (b) An individual who intends to act as a navigator shall obtain certification und…

Sec. 10. (a) A certification or registration under this chapter must contain the navigator's or application organization's name and address, the date of issuance, the expiration date, and any other information the commissioner considers necessary. (b) A navigator or an applicatio…

Sec. 11. (a) An individual who applies for certification as a navigator in Indiana must complete a course of study and pass a written examination as prescribed by the commissioner in consultation with the secretary. (b) The course of study required under subsection (a) must provi…

Sec. 12. (a) The commissioner: (1) in consultation with the secretary, shall develop continuing education requirements for navigators; and (2) may contract with one (1) or more third party organizations to: (A) develop continuing education materials to meet the requirements devel…

Sec. 13. An individual who fails to: (1) appear for a scheduled examination required under section 11(a) of this chapter; or (2) pass the examination; may not be rescheduled for the examination unless the individual reapplies for the examination and remits all required fees and f…

Sec. 14. (a) An insurance producer or insurance consultant: (1) may not act as a navigator unless the insurance producer or insurance consultant has completed the continuing education requirements that apply to a navigator; and (2) shall receive a designation from the commissione…

Sec. 2. Neither a navigator nor an application organization is subject to the licensing requirements of IC 27-1-15.6. As added by P.L.278-2013, SEC.27.

Sec. 3. (a) A person that is a navigator or an application organization must meet all the following: (1) Shall not provide incorrect, misleading, incomplete, or materially untrue information in an application for certification or registration. (2) Shall not violate any of the fol…

Sec. 4. The commissioner shall, in consultation with the secretary, do the following to implement this chapter: (1) Develop a policy concerning conflicts of interest affecting navigators and application organizations, including conflicts of interest involving financial and nonfin…

Sec. 5. (a) Before acting as a navigator in Indiana, an individual must: (1) apply for certification as a navigator on a form prescribed by the commissioner; and (2) declare, under penalty of denial, suspension, or revocation of the certification, that the statements made in the …

Sec. 6. (a) Before acting as an application organization in Indiana, an entity must be registered as an application organization as follows: (1) The entity must apply for registration as an application organization on a form prescribed by the commissioner. (2) The entity's applic…

Sec. 7. (a) The commissioner may require the production of any document that is reasonably necessary to verify the information contained in an application submitted under section 5 or 6 of this chapter. (b) The commissioner shall collect from each applicant for certification or r…

Sec. 8. (a) A navigator who works for an application organization must be appointed by the application organization in writing. (b) If an application organization, because of a violation described in section 3 of this chapter, revokes the appointment of a navigator described in s…

Sec. 9. A certified navigator who is unable to comply with the certification renewal procedures under this chapter due to military service or another extenuating circumstance may request from the commissioner: (1) a temporary waiver of: (A) the renewal procedure; or (B) an examin…

Sec. 1. An extended company is subject to the requirements of IC 27-5.1-2 and this chapter. As added by P.L.129-2003, SEC.8.

Sec. 2. (a) A farm mutual insurance company that was authorized to provide insurance in Indiana on June 30, 2003, may elect to obtain a certificate of authority as an extended company. (b) An election under subsection (a) is made by: (1) an affirmative vote by the board of direct…

Sec. 3. An extended company may: (1) insure the property of policyholders of the extended company against loss or damage that is caused by: (A) fire; (B) windstorm; (C) causes specified under an extended coverage provision; and (D) other perils that are specified in the policy fo…

Sec. 4. An extended company shall comply with the following financial and reinsurance requirements if the extended company provides the types of insurance described in section 3 of this chapter: (1) The extended company shall maintain a policyholder surplus as required under IC 2…

Sec. 5. (a) An extended company: (1) may collect a membership fee and an initial premium charge that are prescribed by the board of directors of the extended company; and (2) shall collect, not less than annually, an amount that is sufficient to enable the extended company to: (A…

Sec. 6. The following requirements apply to the policyholder surplus of an extended company: (1) The articles of incorporation of the extended company must provide for the existence, maintenance, and use of the policyholder surplus. (2) The policyholder surplus may be used only f…

Sec. 7. An extended company shall make investments in accordance with IC 27-1-13-3. As added by P.L.129-2003, SEC.8.

Sec. 8. (a) An extended company shall, not later than March 1, prepare and file with the commissioner an annual statement: (1) that is on a form prescribed by the commissioner; (2) that is verified by an affidavit of the: (A) president; and (B) secretary; of the board of director…

Sec. 1. Not more than sixty (60) days after the filing of a plan of reorganization that: (1) is complete; and (2) does not include a plan to issue stock; the commissioner shall approve the plan without holding a hearing unless the commissioner concludes that one (1) or more of th…

Sec. 10. (a) Except as otherwise provided in this article and subject to subsection (b), the amendment of the articles of incorporation of a mutual insurance company under a plan under this article must be conducted in compliance with IC 27-1-8. (b) The commissioner, the attorney…

Sec. 11. (a) Before the commissioner issues a permit for completion of organization of the mutual insurance holding company and a certificate of authority for the reorganized insurer under subsection (b), the commissioner must: (1) issue notice to the applicant that the commissio…

Sec. 12. (a) A plan of reorganization is effective when: (1) the commissioner has issued the permit for completion of organization of the mutual insurance holding company; and (2) the certificate of authority for the reorganized insurer has been: (A) issued by the commissioner un…

Sec. 13. The commissioner may, at the applicant's expense, hire attorneys, actuaries, accountants, investment bankers, and other experts as may be reasonably necessary to assist the commissioner in reviewing an application. As added by P.L.226-2023, SEC.30.

Sec. 2. Not more than sixty (60) days after: (1) the filing of a plan of reorganization that: (A) is complete; and (B) includes a plan to issue stock; or (2) the filing of an application with respect to a plan to issue stock that is: (A) complete; and (B) filed sometime after the…

Sec. 3. (a) If the commissioner deems that a public hearing or public comment period is necessary, the commissioner shall provide written notice of a hearing or comment period held under this chapter at least thirty (30) days before the hearing or sixty (60) days before the end o…